SEC Form 4 · accession 0001127602-17-034614
AMERICAN EXPRESS CO · AXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashwini Gupta
Officer — Pres, Crdt Risk/Glbl Info Mgt
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 10:22 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 12, 2017 | M | 30,000 | $16.71 | A | 262,032 | D | |
| Common Stock | Dec 12, 2017 | M | 30,000 | $16.71 | A | 292,032 | D | |
| Common Stock | Dec 12, 2017 | M | 29,533 | $16.71 | A | 321,565 | D | |
| Common StockF2 | Dec 12, 2017 | S | 18,992 | $99.09 | D | 302,573 | D | |
| Common StockF3 | Dec 12, 2017 | S | 18,992 | $99.37 | D | 283,581 | D | |
| Common StockF4 | Dec 12, 2017 | S | 18,696 | $99.46 | D | 264,885 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $16.71 | Dec 12, 2017 | M | 30,000 | D | Jan 29, 2010 | Jan 29, 2019 | Common Stock | 30,000 | 59,533 | D |
| Employee Stock Option (Right to Buy)F5 | $16.71 | Dec 12, 2017 | M | 30,000 | D | Jan 29, 2010 | Jan 29, 2019 | Common Stock | 30,000 | 29,533 | D |
| Employee Stock Option (Right to Buy)F5 | $16.71 | Dec 12, 2017 | M | 29,533 | D | Jan 29, 2010 | Jan 29, 2019 | Common Stock | 29,533 | 0 | D |
Explanation of responses
- F1The reported disposition represents the sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.01 to $99.26. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.17 to $99.60. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.37 to $99.57. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F5These options became exercisable in four annual installments beginning on date shown as "Date Exercisable."